Raysut Cement CoOG (MUS:RCCI) Days Payable : 239.30 (As of Jun. 2024)

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What is Raysut Cement CoOG Days Payable?

Raysut Cement CoOG's average Accounts Payable for the three months ended in Jun. 2024 was ر.ع33.60 Mil. Raysut Cement CoOG's Cost of Goods Sold for the three months ended in Jun. 2024 was ر.ع12.81 Mil. Hence, Raysut Cement CoOG's Days Payable for the three months ended in Jun. 2024 was 239.30.

The historical rank and industry rank for Raysut Cement CoOG's Days Payable or its related term are showing as below:

MUS:RCCI' s Days Payable Range Over the Past 10 Years
Min: 31.07 Med: 62.77 Max: 422.2
Current: 422.2

During the past 13 years, Raysut Cement CoOG's highest Days Payable was 422.20. The lowest was 31.07. And the median was 62.77.

MUS:RCCI's Days Payable is ranked better than
95.01% of 381 companies
in the Building Materials industry
Industry Median: 72.45 vs MUS:RCCI: 422.20

Raysut Cement CoOG's Days Payable increased from Mar. 2023 (126.21) to Jun. 2024 (239.30). It may suggest that Raysut Cement CoOG delayed paying its suppliers.

Raysut Cement CoOG Days Payable Historical Data

The historical data trend for Raysut Cement CoOG's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Raysut Cement CoOG Days Payable Chart

Raysut Cement CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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84.58

102.39

114.73

123.44

183.40

Raysut Cement CoOG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															126.21	-	-	184.36	239.30

Competitive Comparison of Raysut Cement CoOG's Days Payable

For the Building Materials subindustry, Raysut Cement CoOG's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Raysut Cement CoOG's Days Payable Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raysut Cement CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Raysut Cement CoOG's Days Payable falls into.

Raysut Cement CoOG Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Raysut Cement CoOG's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (19.858	+	33.936)	/	2 )	/	53.529	*	365
=	26.897					/	53.529	*	365
=	183.40

Raysut Cement CoOG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (32.057	+	35.141)	/	2 )	/	12.812	*	365 / 4
=	33.599					/	12.812	*	365 / 4
=	239.30

Raysut Cement CoOG Days Payable Related Terms

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Raysut Cement CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Raysut Cement Co SAOG (MUS:RCCI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Raysut Industrial Area, P.O.Box 1020, Salalah, OMN, 211

Website

https://www.raysutcement.om

Raysut Cement Co SAOG is engaged in the production and sale of cement in Oman. Its products include portland cement, sulphur resistant cement, oil well class cement and pozzolana well cement. The company sells its products in domestic and international markets including Oman, Yemen, Somalia, Mauritius, Qatar, Iraq, Tanzania and Sudan.

Raysut Cement CoOG Headlines

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